State Codes and Statutes

Statutes > Nebraska > Chapter45 > 45-1029

45-1029. Installment loans; power of attorney and instruments with blanks prohibited.No licensee shall take a power of attorney, or any instrument signed by an attorney in fact and not personally, or any instrument signed in which blanks are left to be filled after execution. SourceLaws 1941, c. 90, § 18, p. 352; C.S.Supp.,1941, § 45-146; Laws 1943, c. 107, § 5, p. 373; R.S.1943, § 45-143; R.S.1943, (1998), § 45-143; Laws 2001, LB 53, § 57. AnnotationsThis section, being special statute relating to a specific subject, is controlling rather than Negotiable Instruments Act as to filling in blanks. State ex rel. Beck v. Associates Discount Corp., 168 Neb. 298, 96 N.W.2d 55 (1959).Taking purchaser's statement in blank was a violation of act. Curtis v. Securities Acceptance Corp., 166 Neb. 815, 91 N.W.2d 19 (1958).All blank spaces in power of attorney must be filled in before execution. State ex rel. Beck v. Associates Discount Corp., 162 Neb. 683, 77 N.W.2d 215 (1956).

State Codes and Statutes

Statutes > Nebraska > Chapter45 > 45-1029

45-1029. Installment loans; power of attorney and instruments with blanks prohibited.No licensee shall take a power of attorney, or any instrument signed by an attorney in fact and not personally, or any instrument signed in which blanks are left to be filled after execution. SourceLaws 1941, c. 90, § 18, p. 352; C.S.Supp.,1941, § 45-146; Laws 1943, c. 107, § 5, p. 373; R.S.1943, § 45-143; R.S.1943, (1998), § 45-143; Laws 2001, LB 53, § 57. AnnotationsThis section, being special statute relating to a specific subject, is controlling rather than Negotiable Instruments Act as to filling in blanks. State ex rel. Beck v. Associates Discount Corp., 168 Neb. 298, 96 N.W.2d 55 (1959).Taking purchaser's statement in blank was a violation of act. Curtis v. Securities Acceptance Corp., 166 Neb. 815, 91 N.W.2d 19 (1958).All blank spaces in power of attorney must be filled in before execution. State ex rel. Beck v. Associates Discount Corp., 162 Neb. 683, 77 N.W.2d 215 (1956).

State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter45 > 45-1029

45-1029. Installment loans; power of attorney and instruments with blanks prohibited.No licensee shall take a power of attorney, or any instrument signed by an attorney in fact and not personally, or any instrument signed in which blanks are left to be filled after execution. SourceLaws 1941, c. 90, § 18, p. 352; C.S.Supp.,1941, § 45-146; Laws 1943, c. 107, § 5, p. 373; R.S.1943, § 45-143; R.S.1943, (1998), § 45-143; Laws 2001, LB 53, § 57. AnnotationsThis section, being special statute relating to a specific subject, is controlling rather than Negotiable Instruments Act as to filling in blanks. State ex rel. Beck v. Associates Discount Corp., 168 Neb. 298, 96 N.W.2d 55 (1959).Taking purchaser's statement in blank was a violation of act. Curtis v. Securities Acceptance Corp., 166 Neb. 815, 91 N.W.2d 19 (1958).All blank spaces in power of attorney must be filled in before execution. State ex rel. Beck v. Associates Discount Corp., 162 Neb. 683, 77 N.W.2d 215 (1956).